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Maine OKs 15.7% Rate Cut for Its Biggest Workers’ Compensation Insurer, MEMIC
May 16 2024 // The Maine Bureau of Å˽ðÁ«´«Ã½Ó³» has approved a 15.7% average rate reduction in workers’ compensation insurance premiums for Maine Employers’ Mutual Å˽ðÁ«´«Ã½Ó³» Co. (MEMIC), the largest workers’ compensation...
PoloWorks Launches Managing General Agent Incubator
May 13 2024 // PoloWorks, a Lloyd’s and London Market insurance services business, announced the launch of Polo MGA – a managing general agent (MGA) incubator. This new offering provides services to both startup and established...
People Moves: Aon Names Allen as Executive Managing Director of Capital Advisory; BMS Re Hires 6 for MGA Business ProLink Solutions
May 10 2024 // This edition of International People Moves details appointments at Aon’s Capital Advisory function and BMS Re. A summary of these new hires follows here. Aon Names Allen as Executive Managing Director of Capital...
Texas Launches Compensation Program for Border Property Crime Damage
May 10 2024 // Texas landowners along the U.S.-Mexico border who have experienced damage caused by border property crime can now file for reimbursement of up to $75,000, attorney general Ken Paxton announced this week. Texas lawmakers...
US Financial Regulators Restart Work on Long-Delayed Dodd-Frank Compensation Rules
May 9 2024 // A trio of U.S. financial regulators have resumed work on a long-delayed rule-writing project to make executive compensation plans at financial firms more sensitive to risk. The Federal Deposit Å˽ðÁ«´«Ã½Ó³» Corporation, Office...
Oil Majors Offered Faster Nigerian Exit if They Pay for Cleanup, Compensation
May 6 2024 // Major oil companies, such as Exxon Mobil and Shell, that aim to exit Nigeria’s onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to apportion blame,...
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